FLEXI-BOND 540 is a moisture-insensitive epoxy bonding compound with two components and 100 percent solids. When used according to instructions, FLEXI-BOND 540 ensures tenacious adherence of fresh toppings, patching compounds, and tile bedding mortars to wet or dry, adequately prepared substrates. Steel, tile, wood, and fiberglass are all good candidates. When laying fresh concrete tops over existing concrete, it can be utilized as both a waterproof barrier and a bonding agent. It can be mixed with very fine sand to improve the adhesion of tile bedding mortars to existing concrete, or it can be used straight for tile bedding. It can be used to prime and waterproof steel reinforcement before applying patching chemicals or pouring concrete, while also enhancing adhesion. It can be used to penetrate and consolidate low-strength floors like asbestos-cement or cinder concrete, as well as to promote the adherence of new toppings or patching compounds. It can be used to help concrete, bedding mortars, and toppings adhere to non-cementitious surfaces like tile, plywood decking, or steel plate.
What are Flexibonds, exactly?
1 Response (s) Bonds with varying maturity cycles are common in flexi duration funds. Fidelity Flexi Bond Fund and HSBC Flexi Bond Fund, for example. This way, the investor is not bound by the conventional bond term of 4 to 6 years.
How do I check the status of my IDBI bond?
In the data search area, enter the last four digits of your Bond Folio number as well as the entire digits of your certificate number. If your Bond Folio No. is and your Certificate No. is, for example, you must enter “UNIQUE COMBINATION” as 1111299928 in the Data Search Field.
How do I get my IDBI bonds cashed?
Bonds are redeemed Registered bondholders relinquish their legally discharged bond certificates (by signing on the reverse of the bonds with a Revenue Stamp of Re. 1/-) on the date of maturity. The redemption record date is one month before the deemed encashment / redemption date.
IDBI flexi bonds are what they’re called.
Flexibonds. Flexibonds were used by IDBI Bank to generate funds from regular investors. There were a total of 25 issues produced through the end of FY 2005. (i.e. IDBI Bond Series I & II, Flexibonds 1-23).
When a bond reaches maturity, how do you redeem it?
Your link has finally matured after three decades of waiting. If you wish to cash in your bonds, you must follow specific requirements depending on the type of bond you have (paper or electronic).
- You can cash electronic savings bonds on the TreasuryDirect website, and you’ll get your money in two days.
- Most major financial institutions, such as your local bank, accept paper savings bonds.
If you can’t find your fully matured paper savings bond, you can have it electronically replaced by going to the TreasuryDirect website and filling out the necessary papers.
You’ll need the serial number of the bond, which serves as a unique identity. If this isn’t accessible, you’ll need other information, such as the exact month and year the bond was purchased, the owner’s Social Security number, and the names and addresses of the bond’s owners. Even if you’ve misplaced the bond, it’s possible to find it with a few efforts.
You can keep your bond after it matures, but you will not get any extra interest. On the one hand, because you can’t spend a savings bond without redeeming it, the value of your bonds is considered “secure.” On the other side, if your bond isn’t redeemed, you’ll miss out on additional sources of interest. With current inflation rates, it doesn’t make much sense to hold a bond that pays nothing and is losing money to inflation every day.
Finally, regardless of whether you redeem your bonds or not, you will owe taxes on them when they mature. In the year of maturity, make sure to include all earned and previously unreported interest on your tax return. If you don’t, you may be subject to a tax penalty for underpayment.
When did IDBI become a financial institution?
The Industrial Development Bank of India (IDBI) was established under the Industrial Development Bank of India Act.
As a Development Financial Institution (DFI), the Development Bank of India was established under the Development Bank of India Act, 1964.
was established on July 1, 1964, following a notification from the Government of India dated June 22, 1964. It had been
In accordance with Section 4A of the Act, it is considered a public financial institution.
The Companies Act of 1956 is a piece of legislation that governs the business world. It operated as a DFI for another 40 years, until 2004.
when it was repurposed as a bank
What is the procedure for redeeming IDFC bonds when they reach maturity?
The redemption amount will be paid to all Bondholders (Physical and Demat) primarily through NACH (National Automated Clearing House) or any other electronic mode of payment, subject to the availability of complete bank account details, including the bank account number (confirming CTFS), IFSC Code, and Magnetic Ink.
What are deep discount bonds, exactly?
A deep-discount bond is one that sells for a much lower price than its face value. These bonds, in particular, sell at a 20 percent or greater discount to par and have a yield that is much higher than the current rates of fixed-income products with similar profiles.
What is the procedure for redeeming a deep discount bond?
Bondholders who wish to exercise the option for Early Redemption of a Deep Discount Bond (Option I) or a group of Deep Discount Bonds (Option II) on any of the above dates should submit their requests in writing to ICICI Bank/Registrars or to such persons at such addresses as the Company may notify from time to time, along with the Bond Certificate(s), duly discharged by Sole/all Jointholders (signed at the reverse of the Bond Certificate(s)), not more than Only if the request is submitted in writing within the given time period will the Bondholder be entitled to the appropriate Deemed Face Value. Option II requires that the complete set of 5 Bonds be made available for Early Redemption, and individual Bonds will not be eligible.
If ICICI Bank decides to redeem bonds early, it will do so at least six months in advance of the due date.
See “NOTICES” for more information on the mode of announcement.
Investors in the Monthly Income Bond will get a monthly income and redemption at Face Value or Deemed Face Value, depending on the wait time they choose.
Each Monthly Income Bond would be issued at a discounted price of Rs. 8,000, with a face value of Rs. 77,000. The Monthly Income Bond will be redeemed on July 15, 2016 at its Face Value or Deemed Face Value, as applicable, at the conclusion of the 20th year from the Deemed Date of Allotment, as shown in the table below: